There are two key lessons: a) The only way to survive in business is to be profitable, unless you have an unlimited amount of money; b) Get through your difficulty and learn to do better next time.

We need to teach our children how to debate the major life issues. Debate strengthens their beliefs and enables them to defend themselves against ideologies that are going to come their way.

If you share a good idea long enough, it will eventually fall on good people.

If you wish to have power and influence over the many, be faithful (disciplined) when there is just a few. If you have a few employees, a few distributors, a few people, that's the time to stay in touch and be totally absorbed -- when there is just a few.

It is what you do about what happens that counts.

Books are easy to find and easy to buy. A paperback these days only costs six or seven dollars. You can borrow that from your kids!

Formal education will make you a living; self-education will make you a fortune.